TAX vs CPNS

Comparison between CAMBRIA TAX AWARE ETF (TAX, ETF) and CALAMOS NASDAQ-100 STRUCTURED ALT PROTECTION ETF - SEPTEMBER (CPNS, ETF).

TAX vs CPNS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TAX(ETF)	CPNS(ETF)
Net Assets	$26M	$25M
Expense Ratio	0.54%	0.69%
Max Drawdown	80.04%	3.99%
Sharpe Ratio	1.13	1.61
5Y Beta	0.97	0.18
P/E Ratio	27.04	N/A
Forward P/E	17.52	N/A
PEG Ratio	0.94	N/A
5Y EPS CAGR	23.31%	N/A
Debt to Equity	91.53%	N/A
P/S Ratio	1.22	N/A
P/B Ratio	3.16	N/A

Net Assets

Winner

TAX

$26M

CPNS

$25M

Expense Ratio

Winner

TAX

0.54%

CPNS

0.69%

Max Drawdown

TAX

80.04%

Winner

CPNS

3.99%

Sharpe Ratio

TAX

1.13

Winner

CPNS

1.61

5Y Beta

TAX

0.97

Winner

CPNS

0.18

P/E Ratio

TAX

27.04

CPNS

N/A

Forward P/E

TAX

17.52

CPNS

N/A

PEG Ratio

TAX

0.94

CPNS

N/A

5Y EPS CAGR

TAX

23.31%

CPNS

N/A

Debt to Equity

TAX

91.53%

CPNS

N/A

P/S Ratio

TAX

1.22

CPNS

N/A

P/B Ratio

TAX

3.16

CPNS

N/A

TAX vs CPNS - Historical Returns

Returns include dividend reinvestment.

Period	TAX	CPNS
1 month	+2.46%	+0.34%
3 months	+13.27%	+2.71%
6 months	+7.02%	+3.26%
1 year	+22.88%	+7.33%
5 years(CAGR)	+16.64%	N/A
10 years(CAGR)	+11.50%	N/A
Max(CAGR)	+6.99%	+7.44%

Winner

TAX

+2.46%

CPNS

+0.34%

Winner

TAX

+13.27%

CPNS

+2.71%

Winner

TAX

+7.02%

CPNS

+3.26%

Winner

TAX

+22.88%

CPNS

+7.33%

5Y(CAGR)

TAX

+16.64%

CPNS

N/A

10Y(CAGR)

TAX

+11.50%

CPNS

N/A

Max(CAGR)

TAX

+6.99%

Winner

CPNS

+7.44%

TAX vs CPNS - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	TAX	CPNS
2026	+6.79%	+2.91%
2025	+16.54%	+7.10%
2024	+0.26%	+2.79%
2018	-12.51%	N/A
2017	-13.07%	N/A
2016	-39.66%	N/A
2015	-32.96%	N/A
2014	+48.85%	N/A
2013	+73.94%	N/A
2012	-1.57%	N/A

TAX vs CPNS Drawdown Comparison

The maximum drawdown for TAX was -77.48%, occurring on Mar 1, 2018. This drawdown has not yet recovered.

The maximum drawdown for CPNS was -3.99%, occurring on Apr 8, 2025. Recovery took 58 trading sessions.

The current TAX drawdown is -8.15%. The current CPNS drawdown is -0.05%.

Rank	TAX	CPNS
#1	-77.48% Nov 12, 2014 - Mar 1, 2018	-3.99% Feb 19, 2025 - May 13, 2025
#2	-35.36% Jul 2, 2012 - Oct 5, 2012	-1.31% Jan 27, 2026 - Apr 8, 2026
#3	-13.80% Jul 23, 2013 - Oct 2, 2013	-0.79% Oct 28, 2025 - Dec 2, 2025
#4	-12.74% Oct 12, 2012 - Jan 29, 2013	-0.67% Nov 7, 2024 - Dec 2, 2024
#5	-12.16% Aug 6, 2014 - Oct 28, 2014	-0.60% Oct 29, 2024 - Nov 6, 2024
#6	-9.69% Dec 24, 2013 - Jan 21, 2014	-0.57% Dec 17, 2024 - Jan 6, 2025
#7	-9.18% May 3, 2013 - Jul 10, 2013	-0.49% Jan 6, 2025 - Jan 17, 2025
#8	-7.18% Feb 4, 2013 - Apr 10, 2013	-0.48% May 16, 2025 - May 27, 2025
#9	-5.40% Apr 1, 2014 - Jun 12, 2014	-0.46% Jan 23, 2025 - Feb 5, 2025
#10	-5.31% Feb 21, 2014 - Mar 6, 2014	-0.45% Dec 11, 2025 - Dec 19, 2025
#11	-5.23% Oct 4, 2013 - Oct 18, 2013	-0.40% Sep 26, 2024 - Oct 9, 2024
#12	-5.22% Nov 29, 2013 - Dec 20, 2013	-0.33% Jan 12, 2026 - Jan 23, 2026
#13	-4.94% Oct 22, 2013 - Nov 21, 2013	-0.32% Sep 5, 2024 - Sep 10, 2024
#14	-3.86% Jan 22, 2014 - Feb 10, 2014	-0.32% Oct 22, 2024 - Oct 25, 2024
#15	-3.83% Feb 10, 2014 - Feb 21, 2014	-0.26% Oct 8, 2025 - Oct 17, 2025